Business Portfolio Restructuring
First written in FY2016. 19 of 36 entries say "Restated". Latest entry: 2026-09-30.
The whole theme swung hardest in 2024: 2 of 14 companies on the "Worse" side.
2 other companies' latest entry also says "Restated".
- 2026-09-30RestatedEarnings
「Under the current Eighth Medium-Term Management Plan, we are pursuing stable growth and improved capital efficiency, and working to improve and stabilize profit margins by strengthening the business portfolio we have built to date.」
The Company is reaffirming the Eighth Medium-Term Management Plan, the strengthening of its business portfolio, and the improvement and stabilization of profit margins. - FY2026-H1Withdrawal from the USM acquisitionAnnual report
「However, during the post-merger integration (PMI) of USM and the preparation of the first consolidated financial statements, it was discovered that USM had engaged in improper accounting practices, primarily circular transactions, during the period before the acquisition. In light of these circumstances, the Group carefully examined the feasibility of realizing the originally anticipated acquisition benefits and the impact on corporate value going forward. As a result, it determined that preserving and enhancing the Group's corporate value would be difficult and decided to transfer its 60% interest in USM.」
Following the discovery of improper accounting practices before the acquisition, the Group shifted from acquiring USM to expand its Southeast Asian medical device CDMO business to withdrawing from the transaction through a share transfer. - 2026-05-12RestatedEarnings
「Under the current Eighth Medium-Term Management Plan, we are pursuing stable growth and improved capital efficiency, and working to improve and stabilize profit margins by strengthening the business portfolio we have built to date.」
The continuation of the Eighth Medium-Term Management Plan and the policy of pursuing stable growth and higher profit margins by strengthening the business portfolio have been reconfirmed. - FY2025AdvancedAnnual report
「Against this backdrop, demand remained firm in the Industrial Materials and Medical Technology businesses during the fiscal year, while demand for tablets in the Devices business declined compared with the previous fiscal year, when demand increased following customers' launch of new products. Demand for the newly strengthened contract development and manufacturing organization (CDMO) business for over-the-counter medicines expanded as a result of the acquisition.」
Regarding portfolio strengthening under the Eighth Medium-Term Management Plan, demand in the Medical Technology and Industrial Materials businesses remained firm, while the expansion in demand for the over-the-counter medicine CDMO business, including following the acquisition of Shiga Pharmaceutical, was reflected in results. - FY2025-H1AdvancedAnnual report
「Under this Mission, the Group has defined its desired state in 2030 as its Sustainability Vision, or long-term vision, and aims to create economic and social value by bringing together and integrating diverse technologies and human resources capabilities to help solve global social issues related to medical care, mobility and the environment. Working backward from the Sustainability Vision, the Group has established and is implementing the Eighth Medium-Term Management Plan, which sets out the medium-term plan to pursue over the three years from 2024 to 2026 and the strategy to achieve it. The Group seeks stable growth and improved capital efficiency, and will improve and stabilize profit margins by strengthening the business portfolio it has built to date.」
While continuing its policy under the Eighth Medium-Term Management Plan of strengthening its existing portfolio, the Group's acquisition of a pharmaceutical company began contributing to results in a new business area, advancing portfolio expansion. - FY2024AdvancedAnnual report
「Under the Eighth Medium-Term Management Plan, the Group seeks stable growth and improved capital efficiency, and will improve and stabilize profit margins by strengthening the business portfolio it has built to date. In markets such as medical devices, mobility and sustainable materials, it aims to expand its businesses through both organic growth and M&A and expand its product lineup and services that contribute to solving social issues. In the IT equipment market, it will pursue improvements in productivity and efficiency, including optimization of its production structure.」
As specific measures under the Eighth Medium-Term Management Plan, the Group has identified organic growth and M&A in its priority markets and optimization of its production structure in the IT equipment market. It is targeting 2026 sales of ¥210 billion excluding M&A or ¥225 billion including M&A, and operating profit of ¥15 billion or ¥16.5 billion, respectively. - FY2024-Q1RestatedAnnual report
「Under this Mission, the Group has defined its desired state in 2030 as its Sustainability Vision, or long-term vision, and aims to create social and economic value by bringing together and integrating diverse technologies and human resources capabilities to help solve global social issues related to medical care, mobility and the environment. Working backward from the Sustainability Vision, the Group has established and is implementing the Eighth Medium-Term Management Plan, which sets out the medium-term plan to pursue over the three years from 2024 to 2026 and the strategy to achieve it. The Group seeks stable growth and improved capital efficiency, and will improve and stabilize profit margins by strengthening the business portfolio it has built to date.」
The Group has reaffirmed its policy under the Eighth Medium-Term Management Plan for 2024 to 2026 of achieving stable growth, improved capital efficiency and higher profit margins by strengthening its existing business portfolio. - FY2023ReframedAnnual report
「The Group has been implementing the three-year Eighth Medium-Term Management Plan since January 2024 to achieve its desired state in 2030, as set out in the Sustainability Vision. Under the Eighth Medium-Term Management Plan, it aims for stable growth and improved capital efficiency, and will improve and stabilize profit margins by strengthening the business portfolio it has built to date.」
The Group is transitioning from the Seventh Medium-Term Management Plan to the Eighth, refocusing the plan on strengthening its existing business portfolio to achieve stable growth, improved capital efficiency and higher profit margins. - FY2023-Q3RestatedAnnual report
「The Group's Mission is to use “the diversity of human resources capabilities and core technologies” as a driving force for growth, create distinctive, highly competitive products and services that deliver value to customers, and contribute to the realization of “rich lives for people.” Under this Mission, the Group has defined its desired state in 2030 as its Sustainability Vision, or long-term vision, and, working backward from that point, has established the medium-term vision to pursue in 2023 and the strategy to achieve it as the Seventh Medium-Term Management Plan. Under the Seventh Medium-Term Management Plan, the Group aims to establish a foundation for growth by making maximum use of the global business foundation it has acquired and built to date and maximizing synergies.」
The Group has reaffirmed the Seventh Medium-Term Management Plan, its policy of working backward from the 2030 long-term vision, and its policy of leveraging its existing global business foundation and synergies. - FY2023-Q2RestatedAnnual report
「Under this Mission, the Group has defined its desired state in 2030 as its Sustainability Vision, or long-term vision, and, working backward from that point, has established the medium-term vision to pursue in 2023 and the strategy to achieve it as the Seventh Medium-Term Management Plan. Under the Seventh Medium-Term Management Plan, the Group aims to establish a foundation for growth by making maximum use of the global business foundation it has acquired and built to date and maximizing synergies.」
Regarding the Seventh Medium-Term Management Plan, the Group has reaffirmed its policy of setting the 2023 medium-term vision by working backward from the 2030 long-term vision and leveraging its existing global business foundation and synergies. - FY2023-Q1RestatedAnnual report
「Under this Mission, the Group has defined its desired state in 2030 as its Sustainability Vision, or long-term vision, and, working backward from that point, has established the medium-term vision to pursue in 2023 and the strategy to achieve it as the Seventh Medium-Term Management Plan. Under the Seventh Medium-Term Management Plan, the Group aims to establish a foundation for growth by making maximum use of the global business foundation it has acquired and built to date and maximizing synergies.」
Regarding the Seventh Medium-Term Management Plan, the Group has reaffirmed its policy of setting the 2023 medium-term vision by working backward from the 2030 long-term vision and establishing a foundation for growth by leveraging its existing global business foundation and synergies. - FY2022RestatedAnnual report
「The Group has been implementing the three-year Seventh Medium-Term Management Plan since January 2021. Starting from the desired state in 2030 and working backward, it sets out the medium-term vision to pursue over the three years from 2021 and the strategy to achieve it. Under the Seventh Medium-Term Management Plan, the Group aims to establish a foundation for growth by making maximum use of the global business foundation it has acquired and built to date and maximizing synergies.」
The Group has reaffirmed the Seventh Medium-Term Management Plan, the use of its existing global business foundation and the establishment of a foundation for growth by maximizing synergies. - FY2022-Q3RestatedAnnual report
「The Group's Mission is to use “the diversity of human resources capabilities and core technologies” as a driving force for growth, create distinctive, highly competitive products and services that deliver value to customers, and contribute to the realization of “rich lives for people.” Under this Mission, the Group has defined its desired state in 2030 as its Sustainability Vision, or long-term vision, and, working backward from that point, has established the medium-term vision to pursue in 2023 and the strategy to achieve it as the Seventh Medium-Term Management Plan. Under the Seventh Medium-Term Management Plan, the Group aims to establish a foundation for growth by making maximum use of the global business foundation it has acquired and built to date and maximizing synergies.」
Under the Seventh Medium-Term Management Plan, the Group has reaffirmed its policy of setting the 2023 medium-term vision by working backward from the 2030 long-term vision and establishing a foundation for growth by leveraging its existing global business foundation and synergies. - FY2022-Q2RestatedAnnual report
「The Group's Mission is to use “the diversity of human resources capabilities and core technologies” as a driving force for growth, create distinctive, highly competitive products and services that deliver value to customers, and contribute to the realization of “rich lives for people.” Under this Mission, the Group has defined its desired state in 2030 as its Sustainability Vision, or long-term vision, and, working backward from that point, has established the medium-term vision to pursue in 2023 and the strategy to achieve it as the Seventh Medium-Term Management Plan. Under the Seventh Medium-Term Management Plan, the Group aims to establish a foundation for growth by making maximum use of the global business foundation it has acquired and built to date and maximizing synergies.」
The Group has reaffirmed the Seventh Medium-Term Management Plan, which sets the 2023 medium-term vision by working backward from the 2030 long-term vision and establishes a foundation for growth by leveraging its existing global business foundation and synergies. - FY2022-Q1RestatedAnnual report
「The Group's Mission is to use “the diversity of human resources capabilities and core technologies” as a driving force for growth, create distinctive, highly competitive products and services that deliver value to customers, and contribute to the realization of “rich lives for people.” Under this Mission, the Group has defined its desired state in 2030 as its Sustainability Vision, or long-term vision, and, working backward from that point, has established the medium-term vision to pursue in 2023 and the strategy to achieve it as the Seventh Medium-Term Management Plan. Under the Seventh Medium-Term Management Plan, the Group aims to establish a foundation for growth by making maximum use of the global business foundation it has acquired and built to date and maximizing synergies.」
Under the Seventh Medium-Term Management Plan, the Group has reaffirmed its policy of setting the 2023 medium-term vision by working backward from the 2030 long-term vision and establishing a foundation for growth by leveraging its existing global business foundation and synergies. - FY2021-Q3RestatedAnnual report
「The Group's Mission is to use “the diversity of human resources capabilities and core technologies” as a driving force for growth, create distinctive, highly competitive products and services that deliver value to customers, and contribute to the realization of “rich lives for people.” Under this Mission, the Group has defined its desired state in 2030 as its Sustainability Vision, or long-term vision, and, working backward from that point, has established the medium-term vision to pursue in 2023 and the strategy to achieve it as the Seventh Medium-Term Management Plan. Under the Seventh Medium-Term Management Plan, the Group aims to establish a foundation for growth by making maximum use of the global business foundation it has acquired and built to date and maximizing synergies.」
The Group has reaffirmed the 2023 medium-term vision, developed by working backward from the 2030 long-term vision, and the policy under the Seventh Medium-Term Management Plan of leveraging its existing global business foundation and synergies. - FY2021-Q2RestatedAnnual report
「Under this Mission, the Group has defined its desired state in 2030 as its Sustainability Vision, or long-term vision, and, working backward from that point, has established the medium-term vision to pursue in 2023 and the strategy to achieve it as the Seventh Medium-Term Management Plan. Under the Seventh Medium-Term Management Plan, the Group aims to establish a foundation for growth by making maximum use of the global business foundation it has acquired and built to date and maximizing synergies.」
The Group has reaffirmed the Seventh Medium-Term Management Plan, which sets the 2023 medium-term vision by working backward from the 2030 long-term vision and establishes a foundation for growth by leveraging its existing global business foundation and synergies. - FY2021-Q1RestatedAnnual report
「The Group has defined its desired state in 2030 as its Sustainability Vision, or long-term vision, and, working backward from that point, has established the medium-term vision to pursue in 2023 and the strategy to achieve it as the Seventh Medium-Term Management Plan. Under the Seventh Medium-Term Management Plan, the Group aims to establish a foundation for growth by making maximum use of the global business foundation it has acquired and built to date and maximizing synergies.」
Under the Seventh Medium-Term Management Plan, the Group has reaffirmed its policy of leveraging its existing global business foundation to establish a foundation for growth by maximizing synergies. It has also presented a framework under which the 2023 medium-term vision is set by working backward from the 2030 Sustainability Vision. - FY2020ReframedAnnual report
「Under the Seventh Medium-Term Management Plan, the Group aims to establish a foundation for growth by making maximum use of the global business foundation it has acquired and built to date and maximizing synergies. In markets such as medical devices, mobility and sustainable materials, it aims to grow by expanding its product lineup and services that contribute to solving social issues. Although the IT equipment market is entering a period of declining product demand, the Group will pursue profitability and efficiency.」
The Group is transitioning from the Sixth Medium-Term Management Plan to the Seventh, refocusing its priorities on creating synergies by leveraging its existing global business foundation, expanding medical devices, mobility and sustainable materials, and pursuing profitability and efficiency in the IT equipment business. - FY2020-Q2ReframedAnnual report
「The Group is currently implementing the three-year Sixth Medium-Term Management Plan, whose core strategy is growth through the reorganization and optimization of its business portfolio. In addition to its core consumer electronics (IT) business, it has designated mobility (automotive and transportation equipment), medical devices and sustainable packaging materials as priority markets, and aims to build a balanced business foundation and enhance corporate value by executing a global growth strategy.」
For the Sixth Medium-Term Management Plan's priority markets, the Group has broadened the definition of mobility from “automotive” to “automotive and transportation equipment” and is reorganizing its business portfolio strategy. - FY2020-Q1AdvancedAnnual report
「In addition, the acquisition of a company engaged in sustainable packaging materials has been completed, and it has begun contributing to results.」
For sustainable packaging materials, a priority market under the Sixth Medium-Term Management Plan, the Group reported completion of an acquisition and the start of its contribution to results. - FY2019-Q3RestatedAnnual report
「The Group is currently implementing the three-year Sixth Medium-Term Management Plan, whose core strategy is growth through the reorganization and optimization of its business portfolio. In addition to its core consumer electronics (IT) business, it has designated mobility (automotive), medical devices and sustainable packaging materials as priority markets, and aims to build a balanced business foundation and enhance corporate value by executing a global growth strategy.」
The Group continues to implement the Sixth Medium-Term Management Plan, its four priority markets, balanced business foundation and global growth strategy. - FY2019-Q2ReframedAnnual report
「The Group is currently implementing the three-year Sixth Medium-Term Management Plan, whose core strategy is growth through the reorganization and optimization of its business portfolio. In addition to its core consumer electronics (IT) business, it has designated mobility (automotive), medical devices and sustainable packaging materials as priority markets, and aims to build a balanced business foundation and enhance corporate value by executing a global growth strategy.」
For the Sixth Medium-Term Management Plan's priority markets, the Group has revised the terminology for automotive and high-performance packaging materials to “mobility” and “sustainable packaging materials,” respectively, and is reorganizing its portfolio strategy. - FY2019-Q1RestatedAnnual report
「The Group is currently implementing the three-year Sixth Medium-Term Management Plan, whose core strategy is growth through the reorganization and optimization of its business portfolio. In addition to its core consumer electronics (IT) business, it has designated automotive, medical devices and high-performance packaging materials as priority markets, and aims to build a balanced business foundation and enhance corporate value by executing a global growth strategy.」
The Group has reaffirmed the Sixth Medium-Term Management Plan's business portfolio reorganization and optimization, four priority markets, balanced business foundation and global growth strategy. - FY2018RestatedAnnual report
「In the coming fiscal year, the second year of the Sixth Medium-Term Management Plan, the Group plans to promote growth in its priority markets and optimize its business portfolio by using measures including new product development and acquisitions.」
The Group is continuing to focus on the Sixth Medium-Term Management Plan's priority markets and portfolio optimization, and has identified new product development and acquisitions as measures for the coming fiscal year. - FY2018-Q3AdvancedAnnual report
「Under the Sixth Medium-Term Management Plan, which took effect on 1 January 2018, the Group has designated four priority markets—consumer electronics (IT), automotive, medical devices and high-performance packaging materials—and aims to complete its balanced management model, further developing its portfolio reorganization and optimization through a global growth strategy that makes maximum use of the business foundation it has acquired and built to date. During the nine-month period ended 31 December, product demand in the Devices business, which had been weak in the first half, began to expand in the second half, while acquisitions in the Medical Technology business began contributing to results.」
Under the Sixth Medium-Term Management Plan's four priority markets and balanced management policy, the Group reported a recovery in Devices demand and the start of the Medical Technology business's contribution to results through acquisitions. - FY2018-Q2AdvancedAnnual report
「Under the Sixth Medium-Term Management Plan, which took effect on 1 January 2018, the Group has designated four priority markets—consumer electronics (IT), automotive, medical devices and high-performance packaging materials—and aims to complete its balanced management model, further developing its portfolio reorganization and optimization through a global growth strategy that makes maximum use of the business foundation it has acquired and built to date. During the six-month period ended 30 September, the Medical Technology business steadily executed the plan's growth strategy, including through a series of acquisitions of US medical device manufacturers.」
Under the Sixth Medium-Term Management Plan's four priority markets and balanced management policy, the Medical Technology business acquired several US medical device-related companies and is proceeding with execution of its growth strategy. - FY2018-Q1AdvancedAnnual report
「Under the Sixth Medium-Term Management Plan, which took effect on 1 January 2018, the Group has designated four priority markets—consumer electronics (IT), automotive, medical devices and high-performance packaging materials—and aims to complete its balanced management model, further developing its portfolio reorganization and optimization through a global growth strategy that makes maximum use of the business foundation it has acquired and built to date.」
The Group began the Sixth Medium-Term Management Plan on 1 January 2018 and is putting into practice a global growth strategy centered on four priority markets and its existing business foundation. - FY2017-Q3RestatedAnnual report
「Under the Fifth Medium-Term Management Plan, which took effect on 1 April 2015, the Group is pursuing growth through the reorganization and optimization of its business portfolio. It continues to expand opportunities in the consumer electronics (IT) field while accelerating its operations in areas such as automotive and medical devices, where stable growth is expected globally.」
The Group has reaffirmed its strategy of business portfolio reorganization and optimization under the Fifth Medium-Term Management Plan, together with the expansion and acceleration of its IT, automotive and medical device businesses. - FY2017-Q2RestatedAnnual report
「Under the Fifth Medium-Term Management Plan, which took effect on 1 April 2015, the Group is pursuing growth through the reorganization and optimization of its business portfolio. It aims to establish a balanced business foundation by continuing to expand opportunities in the consumer electronics (IT) field and broadening its operations in areas such as automotive and medical devices, where stable growth is expected globally.」
The Group has reaffirmed its strategy of portfolio reorganization and optimization under the Fifth Medium-Term Management Plan, together with balanced management combining IT, automotive and medical devices. - FY2017ReframedAnnual report
「Although the current consolidated fiscal year is the final year of the Fifth Medium-Term Management Plan, the Group has made concrete progress in reorganizing and optimizing its business portfolio. Product demand remained firm in the core Devices business, earnings improved in the Industrial Materials business, and the Life Innovation business began to make a full contribution to results.」
The Group confirmed concrete progress in the final year of the Fifth Medium-Term Management Plan and is transitioning to the Sixth Medium-Term Management Plan, which advances portfolio optimization toward the completion of balanced management. - FY2017RestatedAnnual report
「The Group has been implementing the Fifth Medium-Term Management Plan, whose core strategy is to reorganize its business portfolio, since April 2015, with the aim of achieving sustainable growth.」
The Group continues to implement the Fifth Medium-Term Management Plan and reorganize its business portfolio. It has also set quantitative targets including consolidated sales of ¥150 billion and operating profit of ¥12 billion for fiscal 2017, and a new business and new product sales ratio of at least 35%. - FY2016-Q4AdvancedAnnual report
「Against this backdrop, in line with the strategy of the Fifth Medium-Term Management Plan, which took effect on 1 April 2015, the Group is accelerating efforts to establish a business foundation capable of generating sustainable and stable earnings by expanding its businesses in areas such as automotive, metallized paper and medical devices, while increasing its overseas production ratio to build resilience to exchange-rate fluctuations.」
The Group is expanding its automotive, metallized paper and medical device businesses in line with the Fifth Medium-Term Management Plan, and has incorporated Graphic Controls as a new reporting segment, Life Innovation. - FY2016-Q3AdvancedAnnual report
「The Group is pursuing growth through business portfolio restructuring under the three-year 5th Medium-Term Management Plan, which began on 1 April 2015. From the perspective of balanced management, we are moving away from dependence on the highly volatile consumer electronics sector and urgently establishing a business foundation capable of generating sustainable and stable earnings, including by increasing our overseas production ratio to build resilience to foreign-exchange fluctuations. Following the AR Metallizing Group acquisition in the previous year, we acquired and made the U.S.-headquartered medical device manufacturer Graphic Controls Group a consolidated subsidiary on 2 September 2016, and on 31 October acquired and made Germany-based molding and decorative film manufacturers Schuster and the Back Stickers Group, which operate in the automotive industrial-materials sector, consolidated subsidiaries. Our M&A strategy under the 5th Medium-Term Management Plan therefore progressed as planned.」
In addition to making the Graphic Controls Group a consolidated subsidiary on 2 September 2016, the Group acquired and consolidated Schuster and the Back Stickers Group, demonstrating concrete progress in restructuring the portfolio. - FY2016-Q2AdvancedAnnual report
「Under the three-year 5th Medium-Term Management Plan, which we began implementing in April 2015, we have adopted the vision of “acquiring and integrating new core technologies with our printing technologies and completing the restructuring of our business portfolio in global growth markets.” Through this acquisition, we have added product lines and markets in the medical device sector to our business portfolio and acquired global distribution channels. Going forward, using the Graphic Controls Group as a platform, we will expand our medical-market operations and build a balanced business foundation alongside our existing consumer electronics operations.」
In line with the 5th Medium-Term Management Plan, the acquisition of the Graphic Controls Group brought medical device markets and distribution channels into the portfolio and gave concrete form to a balanced management approach alongside consumer electronics. The share acquisition was scheduled for late August 2016. - FY2016First statedAnnual report
「Against this backdrop, the Group began implementing its three-year 5th Medium-Term Management Plan in fiscal 2015. Under the medium-term vision of “acquiring and integrating new core technologies with our printing technologies and completing the restructuring of our business portfolio in global growth markets,” we have begun implementing a restructuring strategy to reduce our excessive dependence on the consumer electronics market and rebuild a balanced business and product portfolio.」
The three-year medium-term plan calls for reducing dependence on consumer electronics and rebuilding the business and product portfolio.